Four More NEO Hotels Coming To Jakarta in 2015

Indonesia-based Archipelago International plans to expand its portfolio in Jakarta by adding four more NEO hotels to the capital city in 2015. Hotel NEO Kelapa Gading will house 100 stylish rooms as well as a meeting room and coffee shop. Located in the Kelapa Gading...

U.S. Hotel Transactions Increase in 2013

In 2013, the United States saw $16.9 billion in hotel transactions, according to the Hotel Transaction Almanac, a report from STR Analytics. This represents an increase of nearly $4 billion in asset trades compared to the $13 billion that occurred in 2012....